Zynga Inc (ZNGA)

[PokerVertigo]

Well, I had to get out of the stock yesterday.

Not because of the stock, the stock is a dream at these prices, but because of the damn US govt and this new tax law called FATCA.

I feel so miserable because Zynga is totally going to go back up and I can't enjoy it until I get to buy the shares back in Canada (flying out end of the month)... For my selfish reasons I hope I can buy Zynga in the 3's .. but maybe it shoots up.

FATCA btw is another reason US is going to hell. I'm not a US citizen, I have nothing to do with the US anymore, but, because I had my money in a US brokerage and if I was supposedly making money on US stocks (aka Zynga) I would have a 30% witholding on my gains. How f'ed up is that? I'm not living in the damn country, I'm not a US citizen or resident, why would I be subject to any tax. And this law was supposed to go into effect 2014, but IRS is imposing this on people right now. I didn't have to pay any witholding since I lost a ton of money on Zynga already

F*** the IRS. So I moved all my money to Canada. And will be anxiously looking to buy back in once my brokerage account is setup (once I fly into vancouver)...

So, we'll see, for now I'm out of the stock. but basically I have a strong feeling I'm going to miss the boat and am really upset about it.